Madrid NM Real Estate & Homes for Sale
The median home value in Madrid, NM is $194,500.
This is
lower than
the county median home value of $283,500.
The national median home value is $185,800.
The average price of homes sold in Madrid, NM is $194,500.
Approximately 48.9% of Madrid homes are owned,
compared to 25.82% rented, while
25.27% are vacant.
Madrid real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you see a property you’re interested in, contact a Madrid real estate agent to arrange a tour today! $219,0002821 Nm 14 Madrid, NM 87010
ADDITIONAL INFORMATIONOne of the only Adobes in The cute, funky, and hip Artist community of Madrid NM. This home was remodeled in 2016 and features High end finishes throughout. Spa like bath with an over sized luxurious shower featuring Carrera marble tile and a kitchen draped in stainless and Black Granite make this one bedroom feel well appointed. All furniture and dressings minus the art could be included in the sale with a strong offer making this property a turn key Pied-a-terre , nightly rental, or long term furnished rental. The backyard features a patio with a courtyard feel and a shipping container that has been transformed into an artist studio with a new window and french doors providing tons of light. The home is heated and cooled with high efficiency mini splits and the plumbing and electrical were completely updated in 16. This home has tons of upgrades through out but still maintains some southwest charm with exposed vigas and barn doors. Don't miss the cutest house in Madrid. This one is a must see. $130,0002866 Nm 14 Madrid, NM 87010
ADDITIONAL INFORMATIONThis bungalow style house is located in the heart of Madrid on Main street and has great potential as a live /work space or just a home and will make a smart investment.There once was lovely established English gardens in the back and a pond. The home has great bones and needs the right person to restore it to its original state and save its integrity.The original bead board and wooden floors are still in tact. It is located on a large lot with a detached garage or workshop in the back where you can also park. The front room could easily be a storefront and the back of the house has good separation. A wall has been removed to open it up but could easily be put back. Imagine sitting out on the front porch with a cup of coffee and watching the birds and people walking by. It was once the town barbershop.If walls could talk imagine the stories you would hear. It has soul but needs a complete overhaul including septic. Madrid is the cultural art colony that is located on the scenic Turquoise Trail. Many Movies have been filmed here. A wonderful community and close to Santa Fe and Albuquerque. Will Qualify for a residential renovation loan with Waterstone Morgtage/ Sandra Claymore. $479,00015 Trigg Trail Madrid, NM 87010
ADDITIONAL INFORMATIONReduce your global footprint in this stunning, off-grid home on 9.33 fenced acres nestled within the high desert landscape. Beautiful Northern New Mexico style adobe house, half-way between Santa Fe and Albuquerque. 2000 sq. ft. +/-; two bedrooms; 1 1/2 baths; 1200 sq. ft. +/-great rm. w/ local- stone fireplace; plus ~660 sq. ft. screened porch. Mud-plaster walls; polished concrete floors; radiant heat throughout. Custom chefâs kitchen w/ commercial Wolf range. Many master craftsman features. Situated on a mesa at the ft. of the Ortiz Mts. w/ 360 degree views of 5 Mt. ranges. Worry-free solar photovoltaic system w/ automatic propane back-up generator. Private well. This energy/water efficient home on a private road has been cleaned/maintained by owners in a chemical-free & non/lowest- toxic manner for the last 16+ yrs. Organic, raised-bed vegetable garden. Mature landscaping w/ drought resistant trees & shrubs; outdr. fireplace; shade ramada. Water catchment w/ drip irrigation fed by two 1500 gal. underground cisterns. 144 sq. ft. studio. Healthy wilderness ecosystem w/ abundant wildlife & native flora. Too many lovely details to describe hereâ” please see attached facts/features sheet & ownersâ description of what they love about their home! 
ADDITIONAL INFORMATIONSweet renovated adobe behind the main street frontage in Madrid. Home includes vigas and wooden and tiled floors. Off the kitchen is access to a very private walled peaceful courtyard with a water feature. There is a brand new septic system, 4 year old hot water tank and a 11-year-old pro-panel roof. Brand new propane heater has been installed in the master bedroom. Very easy walk to all the shops and restaurants in Madrid. Come enjoy life in one of New Mexico's special revival communities!!! $320,0006 Grasshopper Lane Madrid, NM 87010
ADDITIONAL INFORMATIONThis charming historic miner's cabin has been lovingly maintained and has had many upgrades by the current owner. The front porch welcomes you with terraced flagstone steps, flowers and mountain views. The cook's kitchen has pine country cabinets with a raised wooden ceiling with beams. The floor in the kitchen is original and has been refurbished to keep the integrity. There are stainless appliances. There are two bedrooms and a newer bath with views from the shower. The great room has a wood burning stove and windows that allow for a lot of light. As a bonus, there is a sunny greenhouse. This is on two lots and it backs up to an arroyo and beautiful hills for ultimate privacy. A bird lover's paradise. $549,0002864 Nm 14 Madrid, NM 87010
ADDITIONAL INFORMATIONSet on the scenic Turquoise Trail in the heart of the Madrid business district is a creative community with over 40 shops and galleries and several restaurants, and a year round attraction in Santa Fe County. This turnkey commercial property consists of a large +/-1,700 sq.ft. retail store with lots of foot traffic and can be purchased with a complete inventory. In addition to the store, there are 2 apartments abutting the store, as well as a separate casita each with a successfully lucrative history of lodging. Each apartment has quiet, private spaces and private parking. The property, originally the village Sunday schoolhouse, has also been used as a setting in recent Hollywood films. This property was the Frontier gas station in the very successful Disney movie Wild Hogs. This is a fantastic opportunity for the entrepreneur looking to retire and fulfill their dream of running their own business and having steady income. $399,0002859 Nm 14 Madrid, NM 87010
ADDITIONAL INFORMATIONNow Offering Owner Financing!!!! This multi-faceted property has it all! As they say in real estate Location, location, location this property is located at the heart the booming arts and cultural village of Madrid, NM. This unique property consists of a main home with with a loft bedroom another room that could be a bedroom, currently being used as a pottery studio and another traditional bedroom, kitchen, bath, and living room. Making up a cozy and functional home. In addition to this the property has whole other building that for many years was home to the famed and world renowned "Mama Lisa's Ghost Town Kitchen". Mama lisa has since hung up the chefs hat in this location and cleared out most of the kitchen to make way for whatever new business will take her place. The building On Madrid's Busy main street could be used for many things, a new restaurant, a healing space, a gallery, the open space is ready for your future business dreams. In addition to this there is also a Guest House/studio above the business space that could be used for an air b and b or long term rental. $350,000124 Wild Dog Madrid, NM 87010
ADDITIONAL INFORMATIONThis is a well loved and maintained off grid home in a beautiful and private location just outside Madrid. The house is on 17 acres with stunning views of the Jemez mountains. The power is supplied with a top of the line solar photovoltaic system installed buy a local expert.There is 3000 gallon above ground water storage. The house was built exceptionally well in 1996 with the finest building materials and above code insulation. The house is sited almost equal distance from Santa Fe and Albuquerque. With convenient access to culture, shopping, and world class food combined with clean air and over 320 days of sunshine a year why not consider this property as your next home? $325,00066 Old Windmill Madrid, NM 87010
ADDITIONAL INFORMATIONCustom Home with all the bells and whistles. Cool in the summer and warm in the winter. Top of the line solar system and water pumping systems. Attention to finish detail unsurpassed. Skylights, tile work, wood finishes, flagstone patios front and back, with soothing Xeric landscaping and rock walls. Views to the Ortiz and the Jemez Mtn's. Privacy in a secluded valley. Design could be a duplex, single family, caretaker situation, guesthouse, or rental unit. Property is 1 1/2 miles from Highway 14. The road is a little rough in places.
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